Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?

To: Jan Robert Wolansky who wrote (1823)	3/30/1998 11:13:00 PM
From: Craig DeHaan	Respond to of 4056

Thanks for the formula Jan, My Mental block - Dynamic Momentum Index !

To: Jan Robert Wolansky who wrote (1823)	4/3/1998 9:54:00 AM
From: Chandler H. Everett	Read Replies (1) \| Respond to of 4056

Jan......I haven't gotten back to you on your DMI formula until now because of illness and workload, but I am intrigued by it. I've set it up as you posted it, and then put a clone on top of it using 13,5 parameters instead of 34,13. What appears to occur is that the two indicators may be used for confirmations with your indicator's momentum above or below 50 indicating the strength of a potential move. The shorter indicator is more of a short term trading vehicle with little strength indication, but when both are peaking above 79 or below 21 AT THE SAME TIME, it looks like pivot points have been reached in most of the cases. The false signals (I've found a very few) still alow you to get out without losing too much. Let me know if you have any thoughts. BW Chan